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storm sandy. i wanted to document floor specifically as chair -- i wanted to come to the floor specifically as the chair of the homeland security subcommittee which has jurisdiction over fema. i understand the other chairs of the appropriations committee has come down, whether for the corps of engineers mitigation issues in this bill or fishery issues, the subject of senator mikulski's committee; or housing and urban development, community block grants -- that's in h.u.d. -- or transportation under the jurisdiction of senator murray's committee. i'm honored to be the chair of the homeland security appropriations committee for several years ago and am proud that some of the reforms that we've put into place were actually seeing the -- we're actually seeing the benefits of today as our first responders respond to literally the worst disaster to hit the northeast in 50 years. and i wanted to just address a few things and to clarify some numbers for the record. despite the fact that hurricane sandy, mr. president, is not on the news every night and cnn is not broadcasting from the
an update on the hurricane sandy relief bill making its way through congress. "washington journal" is next. >> nobody will get 100% of what they want. let's make sure middle-class families and the american economy and the world economy are not adversely impacted because people cannot do their jobs. host: the headline in this morning's "washington post" -- president obama and senate leaders were on the verge of an agreement that would let taxes rise on the wealthiest households while protecting the vast majority of americans from tax hikes set to hit in january. welcome to the saturday edition of "and the washington journal." for the first 45 minutes of the program we are going to be talking about senate negotiating a fiscal clifts deal, what has been going on on that half of the capital. see what they are talking about and how things are going. we want to get your input and your part of the conversation. you can reach out to us on twitter. facebook, facebook.com/cspan. and you can send us an e-mail. this is more from the article, the lead story in "the washington post." they ride, the deve
what we know. $60,000 for a sandy relief after billy baldwin has a message for shameless scalpers and sarah turning 33 today. ♪ ♪ ♪ hi. we're spreading the word about honey bunches of oats fruit blends and the unique taste combination like peach/raspberry. with one flavor in the granola bunch and one on the flake. two flavors. in harmony. honey bunches of oats. make your day bunches better. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close frien. ♪ the lexus december to remember sales event is on, offer
together to help the victims of sandy and raising the roof and millions of dollars and we have the highlights from madison square garden. ♪ ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. there's the sign to the bullpen. here he comes. you wouldn't want your doctor doing your job, the pitch! so why are you doing his? whoa! only your doctor can determine if your persistent heartburn is actually something more serious like acid reflux disease. over time, stomach ac can damage the lining of your esophagus. for many, prescription nexium not only provides 24-hour heartburn relief, but can also help heal acid-related erosions in the lining of your esophagus. talk to your doctor about the risk for osteoporosis-related bone fractures and low magnesium levels with long-term use of nexium. possible
this unthinkable tragedy. sandy hook has made clear, that we aren't doing enough to protect the public from deadly weapons, that we aren't doing enough to address mental health issues in our society, that we aren't doing enough to stand up to those who are saying that more guns, not less, are the solutions to mass shootings. this must change. for the sake of our children, i say, enough is enough. congress must act to put a stop to this senseless gun violence. mr. murphy: i thank the gentlewoman. i yield 1:30 to the the gentlelady from california, ms. matsui. ms. matsui: i pay tribute to the victims who were struck down in new toup, connecticut and condemn in the strongest possible terms the senseless act of violence that claimed their lives. there are so many victims were young children who had their entire lives ahead of them. makes the shooting even more heart wrenching. the children were so young. we saw in each of them our own children, our grandchildren. they really are america's children. jack pinto, the same age of my grandson, he was a huge new york giants' fan and today was buried in a gi
of parents who emerged from that sandy hook firehouse knowing on friday early evening that they would never see their babies, beautiful children who went to school that day ready to build ginger men and learn their abcs. the brutality of this crime on children so young i think has touched something very deep and profound in america. and i hope we can seize this moment. >> senator richard blumenthal of connecticut, thank you so much for your time tonight, sir. good luck. >> thanks. >> all right. we've got lots more ahead. stay with us. >>> we have some breaking news to report at this hour. this news is just coming in right now. it's the independent panel in washington that has been investigating the attack on the u.s. consulate in benghazi in libya on september 11th of the year. the panel has just released its findings, and the report appears to place a lion's share of the blame for that attack on the u.s. state department. our own andrea mitchell is going through this report as we speak. again, it has just come out. but she reports tonight that the panel has found, quote, systemic failures
's attention, but the same total loss of life at sandy hook happens more than twice every day all year long. this is personal for me, not just because the mall shooter was in my district, but i had a high school friend who was killed with a random freak drive-by shooting, my brother took his life with a handgun as a young man. i supported gun provisions at the state and federal level at every opportunity. it might be different now. not just because the horrific image of parade of funerals for children, i submit mayor bloomberg's advocacy for gun safety and mayors who brare the brunt of the gun violence. i welcome the president's leadership and will support any reform that he advances. but i would urge my colleagues to read the columns in the "sunday times" by my fellow oregon ann, nick, and another in "washington post." they demonstrate, we know what works. there are examples around the work. even in america with lax weak gun protections there are in fact some regulations in some places and they make a difference. let's treat gun violence like any public health crisis which i would say losi
isaac left hundreds of thousands of acres under water. hurricane sandy has caused destruction like nothing we could have imagined. as i said, i saw that damage up close for hurricane sandy. weather disasters have destroyed millions of acres of farmland and affected millions of families in every state and corner of this country. we're considering a disaster bill today. the farm bill is a disaster bill because it not only has disaster assistance, but it creates five-year certainty for our growers, who deserve it. they deserve to know what's going to be happening. they deserve to know so they can go into their bank, they can talk about their financing for the coming crop year and be able to plan as well as get immediate help. now, i support passing a disaster bill. and agriculture should be a part of this. but it's not enough. we need to do that and we need to have a five-year farm bill in order to create the certainty that we need. we have spent so much time focusing on how we move forward with agriculture today and create the right kind of risk management tools for the future, and i
of the slain first graders from sandy hook elementary school. hours later, a church bell tolled as mourners greeted another small white casket at the funeral for jessica rekos, also six. (bell tolling). meanwhile, students from other local schools returned to class. in buses adorned with ribbons bearing sandy hook's colors, police were on hand as were counselors. >> making the kids safe and happy. that's all we're here for. is to make sure that they are safe and happy. >> suarez: sandy hook itself remains closed. plans call for its students to be sent to a now vacant school in nearby mroe, but it was unclear when. back in washington, a string of democratic members of congress took to the house floor calling for new gun legislation. >> thank you, mr. speaker. we need to pass bold, necessary, overdue gun control legislation. if we do not, this will happen again. >> 20 innocents and their six teachers. more tears. more burials. but will we heed its meaning? will we break the gun lobby's spell? >> suarez: outside the capital, the head of the brady campaign to prevent gun violence said sandy hoo
that because of hurricane sandy, job creation might have been a little slower last month, the unemployment rate might have stayed a little bit higher. it turns out that sandy did have an impact, but not on the headline numbers. >> if you look deeper in the report, you do see that over a million workers who normally work full time were reduced to part-time hours during the reference week because of bad weather, and over 300,000 additional workers weren't able to work at all because of bad weather. >> reporter: and because of the way the labor department calculates or figures out and decides -- defines who is working part time, full time or working at all and when, sandy's impact did not show up in the overall numbers. but one thing did. as you mentioned, 350,000 people left the work force, about the same number stayed in, and that is what put downward pressure on the unemployment rate taking it down to 7.7. heather? heather: peter barnes reporting live from the white house, thank you. so what can the federal government do to kick start the economy and get more americans back to work in the new y
murdered at sandy hook are being remembered here. long lines outside now a painful sight, all too common in this town. >> tragedy landed here and it's our job to take care of what had to be done. that's what we would do. >> the calls with the families, difficult beyond words. >> many of the children had favorite hobbies. one girl loved horses and animals and one wanted to be a vet. boy was the giants fan. >> started by his grandfather more than 100 years ago, this faun rule home is where he grew up, but he has never seen anything as tragic as this. >> i have read that you called this the week from hell. >> yes, it is the week from hell, but we will get through it. >> the innocence was taken away from them. that makes it very, very difficult for us to deal with. >> pasqualy runs the funeral association and gathered 100 volunteers to help with the funerals. >> mentally how do you prepare to talk with the families? >> knowing that you have a roll to play to assist them in helping them say goodbye to their little girl. it's very, very difficult. in the evening when you go home, you deal with
near sandy hook elementary school rang its bell 26 times for those killed their last friday. connecticut's governor stood with local and state treeders on the steps of town hall with their heads bowed in a moment of silence. this was held at exactly 6:30 a.m. pacific time which is when the massacre started at sandy hook elementary. we're waiting to find out how much internet use was down that morning. and they were also calling for an online blackout. companies taking part included aol and adobe. arnold schwarzenegger, joe montana and jack dorsey, twitter founder participated as well. coming up at 7:16. we'll show you a video posted online by president obama this morning. at 7:17 a letter first lady michelle obama wrote to the people of newtown, connecticut and then at 7:45, the nr will have a press -- nra will have a press conference. >>> john boehner is speaking at the capitol. we're there live. here is taking questions at a live news -- from a live news conference. >> are you willing to give the president a proposal -- >> the president and i had a series of conversations
.s. and the very irony that we are confronted with at sandy hook is that the firearm industry's trade association, their headquarters are located just across the highway from the sandy hook elementary school, and while it is important, i also have a bill that i want to acknowledge, h.r. 6680, the firearm licensing and record of sale act of 2012, a legislation aimed at establishing a nationwide system for prohibiting unlicensed gun ownership and granting the u.s. attorney general broader authority over the program. as sad and inexplicable as the sandy hook incident is for all of us, we must be cognizant of the fact that gun violence has been terrorizing neighborhoods in chicago, detroit, houston, washington, d.c. for decades now. one of my local newspapers, the "chicago tribune," reports that at the end of the march murders in my city had spiked to almost 60%. and as of june, homicides in chicago were up almost 20% over last year. 488 murders to date. ranging from 18 months to 19 years, these are americans also shot down like dogs in the street. as i recall and exspeerns -- experience you can't es
, with the cries of anguish and grief of parents who emerged from that sandy hook firehouse knowing on friday early evening that they would never see their babies, beautiful children who went to school that day ready to build gingermen and learn their abcs. the brutality of this crime on children so young i think has touched something very deep and profound in america. and i hope we can seize this moment. >> senator richard blumenthal of connecticut, thank you so much for your time tonight, sir. good luck. >> thanks. >> all right. we've got lots more ahead. stay with us. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sen
storm named sandy ravaged his state days before the presidential election. a romney backer, suddenly christie was standing arm in arm with the president, praising mr. obama's leadership as they toured sandy's wrath. >> when you know you have responsibility for those folks, you could give a damn about the politics of things. i could care less today. >> number three, olympian gabby douglas. >> gabby douglas! >> one of the fab five of the london games, she captured our hearts, becoming the first african-american gymnast to win gold in both the individual all around and team competitions at the same olympics. >> i wanted to inspire a nation, and the whole point about this is inspire a generation, and i love that. >> she did just that. number two, school age activisted malala yusuf. she spoke against taliban rule. not yet a teenager, she dared to suggest that girls not only deserve but have a right to an education. >> i will get my education if it is in home school or any place. >> the taliban retaliated, hunting her down, shooting her in the neck and back. the attack outraged, even harde
is happening. today, three more victims of the sandy hook massacre will be laid to rest. emily parker. josephine gay and anna martez green. this as the entire country paused for silence for the 20 children and six adults killed. at the funeral of 6-year-old dillon oakley a special balloon tribute from his older brother. [bagpipes] >> the bagpipes get you every time. >> could take out months to figure out exactly why the shooter went on that deadly rampage in the first place. an emotional memorial in washington celebrating the life and public service of senator daniel inouye ♪ >> political leaders gathered to remember the long-time senator from hawaii inouye was honored for his military service for world war ii and for his integrity in office. president obama says it was he who inspired him to run for office. >> the way he commanded the respect of an entire nation. i think it hinted to me what might be possible in my own life. >> danny's power and influence ultimately lay in his character. >> inouye died this week at the age of 88 due to respiratory problems. services are also planne
't been the type of investment made that needs to be made. we've all pointed to superstorm sandy, and fortunately the tunnel connecting new jersey and new york, even though it flooded, it did not breach. and that is huge. a lot of times people talk about the tunnel and the gateway project, new york to new jersey project, it is a corridor project. if the tunnel had collapsed, just think of what would have happened in the northeast. not the northeast corridor, but in the northeast. it would have paralyzed the region and the country. and we need those investments and additional titles in baltimore, in new york, improvements on the bridges in connecticut to make this system to attract the ridership that we need to make that, those cost savings and that calculation work. >> i guess what i'm referring to also is the fact that the $4 billion in revenue that is projected, that's just one number, one benefit, one source. it's certainly far from what we should be talking about obvious. everybody knows that, but the more you can give us, the more you can parse this, different angles you mig
benefit concert for hurricane sandy relief. you're watching "morning joe" brewed by starbucks. we're at walmart with the simmons family. how much is your current phone bill? four sixteen seventy six a month! okay, come with me -- we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and data for only $45 a month per phone. would we get the same coverage? same coverage on america's best networks. you saved $146.76 by switching to straight talk. awesome! now you can afford to share your allowance with me. get the season's hottest smartphones like the samsung galaxy s2 and get straight talk with unlimited data for just $45 a month -- from america's gift headquarters. walmart. ♪ [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the greatest malibu ever. ♪ >>> welcome back to "morning joe." just
shooter at sandy hook elementary school in you intown, connecticut. it's heartbreaking to listen to the stories of innocent lives cut cruelly short. the pain and grief of the families and friends of these students and teachers are unimaginable. i just want to echo some of the comments that senator durbin made and senator leahy made. we know that the teachers and the aides put their life on the line in order to try to save children. the unbelievable task of the first responders coming to the scene, not knowing what they would find, we send our prayers to all. this is a tragedy beyond words, and i think president obama said it best last night that our hearts are broken. but as senator durbin has said and senator leahy, i particularly want to thank you, we need to take action. congress needs to come together and take action to protect the safety of our children. we must do better. there have been too many episodes in which children's lives and others have been lost that we must figure out ways to do things, to act to prevent these types of tragedies. this conversation must include a
throughout the day package for hurricane sandy victims. live now to the floor of the u.s. senate. to know him and blessed by his sacrifice in defense of american freedom. we served together on the armed services committee and then on the appropriations committee as well. danny's insight was invaluable to our nation's defense and military policy. he did america stronger. i had the pleasure of working with him when we traveled together to bosnia to visit our troops in the very early stages of that conflict. we later went to the middle east on a codel with senator stevens as well. one of the pictures in my offices is senator stevens, senator inouye, senator snowe and myself in our helmets and flak jackets the first time we flew into sarajevo in the early 1990's when the serbs had still been shooting from the hills into the airport. mr. president, in 1995, on the 50th anniversary of world war ii, senator inouye and a number of other world war ii veterans gathered at the smithsonian to reminisce about their time in battle. senator inouye recalled the morning of december 7 at pearl harbor when he r
do have a big disaster like sandy, we've almost always spent all the money because it was pretty easy to have a governor ask for a disaster and the president to declare it, and then the money is gone. fema primarily relied on the per capita damage indicator as the criteria rather than whether or not the local community really had the resources to deal with this on its own. there was no specific criteria in fema to decide at what point we paid various percentages up to 100% coming from the federal government, and the fema administrative costs from 1989 to 2011 had doubled. it had increased from 9% of every disaster to an average of 18% of every disaster. so g.a.o. recommended that we look -- do several things. that fema develop a methodology to more accurately assess what a jurisdiction was able to do, that we develop criteria to know when the federal government should accept all of the obligation, 100% of the adjusted cost, and that we implement new goals to track why these costs of administering disasters were going up so dramatically. so hopefully we can do that, we can look at the
there, and economists have thought that hurricane sandy would have an adverse affect, and it hurt some, but there's so much going on that the economy -- >> is it possible we haven't seen the full impact of hurricane sandy, that we still might see some of those jobs lost, and it just hasn't been the numbers have not caught up to it yet to the reality? >> absolutely right. we do have to wait another month to get the full picture of it, but it was interesting that we saw initial claims for unemployment compensation initially spiked up right after sandy, and then they began to go down, and so i suspect next month there will be some effect. >> how strong is this job growth? does this really get us out of the recession conditions for so long? >> interesting question. it has the potential to do that, because think of this. we've had sandy, and we have all of this debate going on over the fiscal cliff, that's driving us all crazy, right? >> yes, it is. >> and what it's also doing is that it has gotten the corporate seblgtor in a position where they're not vin investing. they're waiting to see
, the 12-12-12 concert that raised money for people who lost everything in hurricane sandy. hey, hey, you got me laughing ♪ ♪ hey hey you got me rocking ♪ hey hey you got me rocking ♪ . >> brian: the rolling stones, just one of the emotional performances. wnyw reporter theresa live outside madison square garden. a wild night. >> a wild night indeed. good morning, brian, good morning, everyone. for six precious hours, the victims of hurricane sandy put their troubles aside and they watched rock royalty jam out in a way many of us have never seen before. we are a region that unites in good times and in bad. last night was no different. we came together to help a neighbor in need essentially to say, hey, we have got your back. this show was billed as one of the greatest rock line - ups of all time. it did not disappoint. as you mentioned, we had the stones. we had the who. we had paul mccartney. we had bruce springstein. we had bill gee joel, eric clapton of the we had aeshah keys, the list goes on and on of the they played brand-new songs and they played oldies but goodies. the song
at sandy hook. >> i a man is using the internet to counter the nra's controversiall plan to stop gun violence. the leadership said it wants armed officers at every united states school. >> the only thing that stops a bad guy with a gun is a good guy with a gun. >> reporter: the 31-year-old facebook engineer has a different idea. he is behind a petition on change.org asking the cdc to research gun violence. >> there are about 30,000 people in america who die every year from gun violence which is the same number who die from car crashes. the cdc spends a lot of honey and time researching car crashes and barely look at guns. >> reporter: he said the nra lobbied lawmakers to cut funding outlaw research on gun control in the 09's. the nra said its hoping to get armed police in all schools by the end of winter break. >>> we have continuing coverage of the nra's proposal and the national gun debate at 7:15 a first of it's kind buy back program proposed here in the bay area. at 7:30, the bay area schools that already have armed guards on campus and what it costs to have them. >> a san fra
. as the details mounted, left hartford to go to noun, and to the firehouse in sandy hook. i arrived there as a public official, but what i saw was through the eyes of a parent. the firehouse in sandy hook is where parents went to find out if their children were okay. the way they found out was that their children appeared or they didn't. and after a while, some of the children came, some were reunited with the parents there or at the school, and their parents took them home, and others did not. i will live forever with the sights and sounds of those parents as they emerged from the firehouse. the cries and sobbing, cries of grief and anguish, the look on those faces, the murderer blasted his way into the elementary school in sandy hook armed with a bush haven'ter ar-15, an assault rifle. a 10-millimeter glock pistol, and a nine millimeter sig sauer, and with multiple magazines, filled with ten, 15, 30 rounds, hundreds of rounds, that he used in an execution style massacre. wayne car very, the state medical examiner for connecticut, has been on that job for more than 30 years. he has
to yourself. >> imagine this. going to check on your house after super storm sandy and finding your home has completely vanished. that's exactly what happened to one new jersey homeowner. but get this. it was it was not the storm that took down his house, it was the new jersey department of transportation. why did the department of transportation do it? nick joins us. good evening, nick. >> good evening. how are you, greta. >> very good. tell me what happened. >> i first learned of when the storm first hit there was an aerial shot, a helicopter on an abc affiliate out of out of philadelphia and i saw my house off the foundation and slid into my neighbor's porch and slightly forward. we weren't allowed into town until two weeks later. the town was closed down and we were allowed in town two weeks later. we went down in school buses, hundreds of people, and we were told to bring one piece of luggage to take personal belongings out and when i walked up the street i found my lot was empty, it was gone. >> the department of transportation took your house but why the department of transportation?
to higher elevations that at more northern latitudes, it's melting glaciers, whether it's hurricane sandy, event after event shows climate change is here. it's real. it's a threat. and we need to reduce our consumption of fossil fuels. wind energy is a tremendous opportunity for us to do that. so if we let the production tax credit expire, we're risking losing manufacturing, we're risking veterans out of work, we're risking climate change. this is something we can't afford as a nation. the production tax credit is a very good investment in america and our future, and our manufacturing base. i urge all of my colleagues to consider helping to extend the production tax credits for our nation for our future. i yield back. the speaker pro tempore: the chair recognizes the gentleman from texas, mr. poe, for five minutes. mr. poe: thank you, mr. speaker. according to "the boston globe," chen wu was beaten, choked, punched and held at knifepoint by a chinese national, wong chen, and that was in 2006. her attacker was sent to prison in texas, supposedly never to be heard of again, or so she though
putting in place on the heels of what took place at sandy hook elementary school in newtown, connecticut. they wanted to do something, the mayor of that town said we will spare no expense, we must take care of our children and why they're putting armed guards in all of their schools, getting back to what the n.r.a. said, the n.r.a. wayne laperriere said the only way to stop a bad guy with a gun is to have a good guy with a began and began a lot of talk and controversy out there, and how we should be responding. >> alisyn: it's part of the national dialog, whether that is the best deterrent or other ways to handle it. the mayor marlboro is a town i knew where, monmouth counties where i grew up. it's one of the pretty s and you can't believe there'd be an armed guard, but in this day and age the mayor said we've made a collective decision as a town we need armed security in each of our schools, with this new evil you can't sit there and hope it it doesn't happen in our town, you must protect our kids. and this is the raging debate whether it will protect the kids. there was an armed guard
shooting his way into sandy hook elementary school last friday he had been confronted by qualified armed security? will you at least admit it's possible that 26 little kids, that 26 innocent lives might have been spared that day? sit so abhorrent to you that you'd rather continue to risk the alternative? is the press and the political class here in washington d.c. so consumed by fear and hatred of the n.r.a. and american gun owners that you're willing to accept a world where real resistence to evil monssters is alone, unarmed, school principal left to vender her life, her life to shield those children in her care? no one, no one regardless of personal, political prejudice has the right to impose that sacrifice. ladies and gentlemen, there's no national one side fits all solution to protecting our children. but do know this president see road out school emergency planning grants in last year's budget and scrapped secure our schools policing grants in next year's budget. with all the foreign aid the united states does, with all the money in the federal budget, can't we afford to put a poli
is released. now back to you. >>gregg: the nation united in grief mourning the victims of the sandy hook elementary school at they were laid to rest and washington looking for ways to prevent this kind of tragedy from happening again. will in debate go the way of the fiscal cliff talks in let's bring back john boot boot, and pat caddell and doug schoen. a very revealing poll that asked for solutions to prevent this from happening again. what you get from all of the numbers is, pat, it is pretty balanced. >> people want a solution that involves what are you doing about protecting the schools, mental health, decrease of violence, and for the ban on the assaults given the publicity you would not know the american people have a balanced approach because people have only one part of the agenda which is doing something about guns and you have the n.r.a. doing a they are doing and what we getting is the same kind of discussion we see in the fiscal cliff, a lack of leadership. the poll shows the american people want a balanced approach and they want relive. >> lack of leadership and the extremes
today. could the legislation throw the state into turmoil? we'll have response from sandy levin. >>> you heard about the fun and dysfunction. actor ed burns will talk to us with his movie "the fitzgerald family christmas." all that on "starting point." >> thanks soledad. >>> 43 minutes past the hour. both sides got the memo. everyone quiet as a mouse on capitol hill. when it comes to the looming fiscal cliff crisis, that's a good sign. in 21 days, we go off the cliff and that means drastic tax hikes and spending cuts. congress scheduled to break for the holidays on friday. two sides talking behind the scenes and for a change, all of the posturing and finger pointing has died down, at least for now. shannon travis joins us live. what are you hearing, if anything? >> we're hearing that as you just mentioned, that they are talking, but that's all we're hearing, that's a good sign, that they are talking at this point. i'll read a statement from john boehner's president secretary. "discussions with the white house are taking place, but we have no detail to share about the substance of those c
" this morning with the graphic of the bushmaster a.r.-15 rifle which was the primary weapon used in the sandy hook elementary school massacre. the ones on the rifle, the magazine, the ones on the rifle used in the shooting had a 30-round capacity. users of the rifle can change the barrel, stock, magazine, suggested retail price, around 1,2urks to $1,400. it's military use. some pleps in the u.s. it was founded in 1973 and bought by a capital management in 2006, headquartered in madison, north carolina, manufacturing in new york. is this kind of gun, do you think, john fund, ok to have outside of military use and by police departments? guest: well, again, we had an assault weapons ban in 1994 and 2004. there are a whole bunch of existing guns out there. one of the unfortunate facts and i wish that wasn't the case, we had over 230 million privately owned firearms in this country already existing. millions of those are these semi-automatic weapons. banning them doesn't mean they go away. it means they go into the criminal underground market. you can steal one. you can buy one on the street. unf
for sandy on the east pork inhere's a lot of that. call your delegates. my question to you, in regard to what i've heard on president obama in regard to social security is trying to incorporate changes cpi -- chained cpi. a person would pay $1,200 more in one year and over. 30 years, $28,000. could you go in depth on that for me? guest: there are different ways of computing the consumer price index. one of those is to change how much we saved for food and shelter and so forth for the proportions of the previous year as opposed to a base year. that gives you a somewhat lower rate of inflation. economists would argue that is more realistic and a fairer way to index and the government benefits. i have a problem with that. as an economist, i'm interested in perfection of measurement. as a guide u.s. to operate in washington, i am also concerned with equity. older folks really have a different basket of goods than and people. when was the last time grandma and grandpa went out and bought a suite of bedroom furniture. young folks do that. where is older folks spend much more in health care.
of things -- what happened to those children was awful. what happened to those people from superstorm sandy was awful. when we bomb and destroy andple's homes and children', it is not a declared war. those people suffered just as much as these people do. the other thing -- we have senators, like mitch mcconnell, and he, his wife, and his in- laws benefit from his position because they are part of a chinese shipping magnate. his wife was secretary of trade under the bush administration. they are using their position to help china, and china is the biggest abortion country in the world. when you throw all this into a big mixture, you cannot blame the gun. host: thank you for the call and comment. a bitter fight had on gun control, according to the washington post. we are following some of the options on what is next. speaker boehner is confronting a political cliff over the budget track is, putting out that the speaker's leadership and legacy remained at stake. they point out that in a show of support, house leader eric cantor. at a news conference with the speaker in a call to extend the tax
in sandy funds would be spent. don't you think you could put together a list of spending cuts that at least, at least includes robosquirrel? we're still waiting. why? because for democrats, apparently, every dollar in federal spending is sacred. once secured, it can't be cut. that's why we have got trillion-dollar deficits. the truth is until the president gets specific about cuts, nobody should trust democrats to put a dime in new revenue toward real deficit reduction or to stop their shakedown of the taxpayers at the top 2%. as one liberal lawmaker put it last week, that's just the beginning. when it comes to deficit deals, the taxpayers need to trust but verify. on cuts, that means specifics. and, mr. president, on an entirely different subject, as we enter the final weeks of the 112th congress, one of the toughest tasks for me is saying goodbye to colleagues who won't be with us at the start of the next congress. so i'd like to kick it off this morning by spending just a few minutes bragging on my long-time friend and neighbor to the north, senator dick lugar. let me just start by sayin
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